GTPL Hathway Limited

NSE: GTPLTV Broadcasting & Software Production

Share price

₹55.39

+1.52% close of 9 Oct 2026

Market cap ₹620 CrP/E 88.6

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹620 Cr

P/E ratio

88.6

P/B ratio

0.5

ROCE

3.5%

ROE

1.5%

Dividend yield

3.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹109.1752-week low ₹52.56

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 8.3% over the past year, and 19.2% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 21.3% to 10.5% over the last four years.

Whether it grew faster than its sector

It grew 19.2% a year against a sector median of 4.9% — 14.4 percentage points faster.

Room to re-rate, or risk of de-rating

At 88.6× earnings it costs 3.7× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 19.3×, across 4 companies. It is against its own five-year median of 18.2×, the 100th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

	Profit growth	Price per ₹1 profit	Per 1% growth
GTPL Hathway Limited — this one	-49%/yr	88.6×	—
Sun TV Network Limited	-4%/yr	15.9×	—
Zee Entertainment	95%/yr	32.3×	₹0.34
Hathway Cable & Datacom Limited	10%/yr	22.8×	₹2.3
Den Networks Limited	-39%/yr	8.3×	—
New Delhi Television Limited	—	—	—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (TV Broadcasting & Software Production), it ranks 6 of 13 on returns, 1 of 12 on growth, 5 of 13 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 3.5% on capital, ahead of 54% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹2246 crore of cash from the business, spent ₹1930 crore on plant and equipment, and returned ₹404 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 485 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being paid 96 days before it paid its own suppliers to paid 84 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap: ₹620 Cr
Prev close: ₹55.39
52w High: ₹118
52w Low: ₹50.9
Enterprise value: ₹1,055 Cr
Beta: 0.8
Price CAGR 1y: -48.0%
Price CAGR 3y: -31.0%
Price CAGR 5y: -28.0%
Price CAGR 10y: —

Ratios

Return on assets: 0.4%
PEG ratio: -1.6
P/E ratio: 88.6
P/B ratio: 0.5
EV / EBITDA: 2.6
Industry P/E: 22.8
ROCE: 3.5%
ROCE 5y average: 12.6%
ROE: 1.5%
Debt / Equity: 0.4
Interest coverage: 1.5
Dividend yield: 3.6%
ROE 3y average: 5.0%
ROE last year: 1.0%

Annual P&L

Annual revenue: ₹3,719 Cr
Annual profit: ₹12 Cr
Operating margin: 11.0%
Net profit margin: 0.3%
EBITDA margin: 11.0%
Sales growth 3y: 11.8%
Sales growth 5y: 8.6%
Profit growth 3y: -49.0%
Profit growth 5y: -39.0%
EPS: ₹1.4
Sales growth TTM: 8.0%
Profit growth TTM: -82.0%
Dividend payout: 143.0%

Quarter P&L

Sales latest quarter: ₹1,015 Cr
Profit latest quarter: ₹1 Cr
YoY quarterly sales growth: 12.4%
YoY quarterly profit growth: -81.3%
OPM latest quarter: 10.3%

Balance Sheet

Book Value: ₹102
Face Value: ₹10.0
Total debt: ₹502 Cr
Total cash: ₹67 Cr
Borrowings: ₹502 Cr
Reserves / Equity: 9.2

Cash Flow

Operating cash flow: ₹360 Cr
Free cash flow: ₹64 Cr
FCF yield: 4.0%
Net cash flow: ₹7 Cr

Shareholding

Promoter holding: 75.0%
FII holding: 7.2%
DII holding: 0.0%
Public holding: 17.8%

Peer comparison

Company	Price ₹	P/E	Mkt cap ₹ Cr	Div yield %	Profit qtr ₹ Cr	Profit var %	Sales qtr ₹ Cr	Sales var %	ROCE %
Sun TV Network	636.50	15.9	25,083	1.96	619.1	17.0	1,457.9	13.0	16.4
Zee Entertainmen	70.12	32.2	6,735	2.85	74.3	-48.3	1,907.3	4.5	2.7
Hathway Cable	9.64	22.5	1,706	0.00	24.6	-21.0	565.1	6.5	2.6
Den Networks	26.10	8.4	1,246	0.00	34.6	-32.3	242.8	0.6	3.2
NDTV	66.48		750	0.00	-81.9	-16.0	117.2	8.9	-72.6
GTPL Hathway	55.92	78.8	629	3.58	1.4	-78.0	1,015.4	12.4	3.5
T.V. Today Netw.	101.30	22.1	604	0.00	10.3	37.5	206.2	3.9	4.5
Median	41.01	27.3	689	0.00	7.3	-26.7	254.3	5.6	3.2

Competes with: Aqylon Nexus Limited, B.A.G Films and Media Limited, Den Networks Limited, Dish TV India Limited, Hathway Cable & Datacom Limited, New Delhi Television Limited, Raj Television Network Limited, Sun TV Network Limited, TV Today Network Limited, TV Vision Limited, Zee Entertainment, Zee Media Corporation Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026

Line item	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	774	779	851	808	843	856	887	891	904	959	933	924	1,015
Expenses	655	655	730	695	730	748	782	786	797	855	819	843	911
Material Cost								0	0	0	0	0	0
Change in Inventories								5.64	-1.52	-0.68	1.04	2.76	3.54
Purchases of Stock-in-Trade								5.86	8.85	4.06	1.54	13	1.80
Employee Cost								38	39	42	41	41	40
Other Expenses								735	750	810	776	786	865
Operating Profit	120	124	121	113	113	107	105	105	107	104	113	80	105
OPM %	15	16	14	14	13	13	12	12	12	11	12	8.71	10
Other Income	6.13	11	10	6.86	7.21	7.12	9.31	7.83	5.42	6.13	5.80	10	4.49
Exceptional items (within Other Income)								0.12	0	0	0	-0.47	0
Interest	4.14	4.98	6.48	7.30	6.61	6.03	8.65	8.36	8.64	8.72	10	11	9.53
Depreciation	74	82	91	90	92	90	93	94	91	91	94	100	97
Profit before tax	48	48	33	22	22	18	13	11	12	11	15	-20	2.88
Tax %	26	25	26	26	31	24	27	2.78	40	31	24	-32	52
Net Profit	35	36	25	16	15	14	9.63	11	7.32	7.40	12	-14	1.37
EPS in Rs	3.19	3.04	2.11	1.17	1.27	1.14	0.90	0.95	0.94	0.82	0.98	-1.34	0.21
Diluted EPS in Rs								0.95	0.94	0.82	0.98	-1.34	0.21

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	623	736	908	1,091	1,246	2,384	2,467	2,414	2,664	3,212	3,477	3,719	3,831
Expenses	474	583	697	797	905	1,921	1,947	1,881	2,198	2,735	3,045	3,311	3,428
Material Cost											0	0
Change in Inventories											-9.02	1.60
Purchases of Stock-in-Trade											28	28
Employee Cost											159	163
Other Expenses											2,867	3,122
Operating Profit	149	154	211	294	340	464	520	533	466	477	432	408	403
OPM %	24	21	23	27	27	19	21	22	18	15	12	11	11
Other Income	9	8	33	17	-44	-30	51	24	32	34	30	24	27
Exceptional items (within Other Income)											0.12	-0.47
Interest	42	47	64	42	51	45	23	14	10	23	30	39	39
Depreciation	84	107	139	171	202	232	260	253	319	337	369	376	381
Profit before tax	33	8	41	98	43	158	288	290	169	151	64	18	8
Tax %	39	54	36	42	43	44	27	25	26	26	23	31
Net Profit	20	4	26	56	25	88	210	219	125	112	49	12	6
EPS in Rs	84	0.75	4.10	5.43	1.68	6.91	17	18	10	9.51	4.26	1.40	0.67
Diluted EPS in Rs											4.26	1.40
Dividend Payout %	0	7	24	18	60	43	24	23	39	42	47	143

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years: 18%
5 years: 9%
3 years: 12%
TTM: 8%

Compounded profit growth

10 years: 9%
5 years: -39%
3 years: -49%
TTM: -82%

Stock price CAGR

10 years: —
5 years: -28%
3 years: -31%
1 year: -48%

Return on equity

10 years: 11%
5 years: 9%
3 years: 5%
Last year: 1%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	2	98	98	112	112	112	112	112	112	112	112	112
Reserves	331	282	289	545	552	616	768	919	991	1,047	1,051	1,034
Borrowings	240	466	546	328	345	223	165	130	149	288	313	502
Other Liabilities	542	628	776	916	1,004	1,194	1,273	1,141	1,420	1,571	1,759	1,592
Minority Interest											129	121
Total Liabilities	1,115	1,474	1,709	1,902	2,014	2,145	2,318	2,303	2,672	3,019	3,236	3,240
Fixed Assets	696	904	1,054	1,210	1,214	1,325	1,393	1,507	1,768	2,029	2,058	2,221
CWIP	11	61	60	38	32	32	71	92	113	88	118	66
Investments	15	19	10	14	15	14	10	9	9	11	12	11
Other Assets	393	491	585	639	754	773	844	694	782	891	1,048	942
Total Assets	1,115	1,474	1,709	1,902	2,014	2,145	2,318	2,303	2,672	3,019	3,268	3,240

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	209	225	266	412	284	394	548	396	583	455	452	360
Cash from Investing Activity	-96	-366	-272	-334	-235	-254	-375	-311	-461	-477	-376	-273
Cash from Financing Activity	-92	166	21	-64	-5	-187	-163	-102	-58	-48	-115	-81
Net Cash Flow	21	25	14	13	44	-47	10	-17	64	-70	-39	7
Free Cash Flow	114	-153	-12	84	57	143	177	86	116	-17	67	63

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated

Line item	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	134	122	119	109	84	43	57	43	40	50	62	54
Cash Conversion Cycle	134	122	119	109	84	43	57	43	40	50	62	54
Working Capital Days	-102	-182	-187	-173	-155	-102	-106	-96	-127	-112	-100	-84
ROCE %	12	7	12	15	18	27	31	27	15	12	6	3

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026

Line item	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	75	75	75	75	75	75	75	75	75	75	75	75
FIIs	8.67	8.66	8.66	8.64	8.64	8.61	8.39	8.40	8.41	8.35	7.37	7.18
DIIs	0.03	0.03	0.03	0.02	0	0	0	0	0	0	0	0
Public	16	16	16	16	16	16	17	17	17	17	18	18
No. of Shareholders	26,832	27,670	27,651	28,146	28,479	28,276	28,968	29,427	28,600	27,990	28,501	28,322

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -47.7% (₹105.88 → ₹55.39)Brick size ₹2.15 (fixed)Bricks 45

Price moved up one brickPrice moved down one brickLast close ₹55.39 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

435inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

3,88,39,635inr

2026-03-31

News

News and filings about GTPL Hathway Limited. Open one to see why it matters.

25 Aug, 18:05 IST · Company event · medium impact

GTPL Hathway Limited — resignation of Ms. Shweta Sultania as the Company Secretary and Compliance Officer of the Company w.e.f. the close of business hours on August 31, 2026.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

C-band satellite transponder capacity for the HITS and teleport platform
Conditional Access System and DRM licences (Nagra Kudelski, Verimatrix)
broadcast content and programming rights (channel subscription fees paid to 200+ broadcasters)
grid electricity for headends, compression sites and the network
optical fibre and coaxial (HFC) cable for the wired network
set-top boxes and customer premises equipment (ZTE, Nokia, SyroTech, OVT)

Buys from

Airan Limited · CAF and KYC document warehousing / management
Zee Entertainment · Zee Network linear channels for cable distribution (content carriage)

Sells to

Government broadband and connectivity projects (30+) · wireline broadband and network connectivity delivered under state and central government p…
IndiaCast Media Distribution Private Limited · channel carriage and placement; largest named placement counterparty - FY2025 Placement In…
Network18 Media & Investments Limited · channel carriage and placement; FY2025 AR related-party list names 'Network18 Media & Inve…
Star India Private Limited · channel carriage and placement; related party w.e.f. 14 November 2024
Sun TV Network Limited · channel carriage and placement fees for Sun network channels; GTPL's Tiruchendur compressi…
Viacom 18 Media Private Limited · channel carriage and placement
Zee Entertainment · channel carriage and placement fees for Zee network channels on GTPL's digital cable platf…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector: Media, Entertainment & Publication
Industry: TV Broadcasting & Software Production
Classification: Media, Entertainment & Publication › TV Broadcasting & Software Production
ISIN: INE869I01013

Business segments

Cable TV Business · 82%
Internet Service · 15%
Projects (Including O&M) · 3%

Plants

Headend-In-The-Sky (HITS) satellite platform
Kolkata regional headend and Disaster Recovery site
Mehsana headend compression site
Mother Headend, Ahmedabad
Tiruchendur headend compression site

News impact

Big market events that reach GTPL Hathway Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

21 Sep 2026	unspecified	₹2
19 Sep 2025	unspecified	₹2
20 Sep 2024	unspecified	₹4
22 Sep 2023	unspecified	₹4
1 Jun 2022	unspecified	₹4
17 Aug 2021	unspecified	₹4
19 Aug 2020	unspecified	₹3
21 Aug 2019	unspecified	₹1

Splits, bonuses & buybacks

daily-prices repair: 8 rows from NSE's archive (replace 1, delete 1, insert 6), 2020-02-01..2026-02-01 (docs/flat_day_repair.md)1× · 1 Feb 2020

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.